THE MALT HOUSE, PARSONAGE FARM, WELLINGTON, HEREFORD, HR4 8AZ - £343,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE MALT HOUSE is a midsized detached house of 150m², built sometime between 1996 and 2002. It was last sold for £343,000 in July 2018, which was about the average July 2018 detached price in the Herefordshire local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

THE MALT HOUSE Sold Prices

Land registry data shows two sales for THE MALT HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Herefordshire local authority area for the corresponding sale date. One of the two THE MALT HOUSE sales was roughly equal to the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 11 JUL	£343,000	£343,814	Close to HPI
2002 28 FEB	£189,500	£152,753	24% above HPI

THE MALT HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Herefordshire local authority area over time, sourced from the HPI. The two THE MALT HOUSE sales from February 2002 and July 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE MALT HOUSE?

THE MALT HOUSE is 150m² according to the EPC inspection conducted in March 2018. This puts it in the largest 50% of detached houses in Wellington, based on EPC data. The below chart shows the distribution of detached houses by size in Wellington, and where THE MALT HOUSE lies on this distribution: 52% of detached houses are smaller than THE MALT HOUSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Wellington.

THE MALT HOUSE: Plot and Title Map

THE MALT HOUSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of THE MALT HOUSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE MALT HOUSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE MALT HOUSE?

THE MALT HOUSE, PARSONAGE FARM is located in WELLINGTON, in the HR4 postcode district. The below map shows the position of THE MALT HOUSE, PARSONAGE FARM in WELLINGTON.